60 W Hwy 452, Eubank, KY 42567

Building Details

Tenancy Single More

Listing Agency: Trinity Real Estate Investment Services - Corporate Show Phone

Listed By: Cody Crist · License KY #697980 Show Phone

Source: Moodyscre

Added: Aug 7 Changed: Nov 7 Last Checked: Nov 8 at 7:17AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 10,640-square-foot retail property in Eubank, Kentucky, is occupied by Dollar General. The asset is leased on an absolute NNN basis, with the lease structure assigning zero landlord responsibilities for the property.

The primary lease term has 12 years remaining. Option periods provide for 10% rental increases every 5 years. Dollar General carries an S&P credit rating of BBB, providing a defined credit profile for the occupying tenant.

Key Highlights

• 10,640 SF Dollar General retail building
• 12 years remaining on the primary lease term
• Absolute NNN lease with zero landlord responsibilities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$126,888

Cap Rate

8.60%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,537,760 $2.5M

Cap Rate 7%

$1,812,686 $1.8M

Cap Rate 9%

$1,409,867 $1.4M

Is this asking price fair?

Market Conditions

NOI Build-Up for 10,640 SF

Gross rent

$174.9K $16.44/SF

− Vacancy

−$5.7K −$0.54/SF

EGI

$169.2K $15.90/SF

− OpEx

−$42.3K −$3.98/SF

NOI

$126.9K $11.93/SF

Area

Pulaski County, KY

Vacancy

3.28%

Lease Rate

$16.44 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,537,760

Cap Rate 7%

$1,812,686

Cap Rate 9%

$1,409,867

Alternative Uses

Best Use

Specialty Retail

$1.81M

$1.59M – $2.11M (±1% cap)

NOI $126,888 @ 7.0% cap · market cap 8.60%

Second Best

Retail

$1.73M

$1.52M – $2.02M (±1% cap)

NOI $121,289 @ 7.0% cap · market cap 8.22%

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center Electrical Service Auto Repair Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

5k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

5,484 visits/mo 0.2 miles

Demographics for 42567, KY

5,671

Population

2,772

Households

2

Avg Household Size

43

Median Age

15%

College-Educated

85%

High-School Grad

88.1 sq mi

ZIP Area

64

Density / Sq Mi

$48,571

Median Household Income

$37,123

Median Earnings

$788

Median Rent

$106,100

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Similar For Sale Nearby

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Frequently Asked Questions

What type of property is this?

NNN property - Dollar General occupies the building under an absolute NNN lease with no landlord responsibilities.

Where is this nnn property located?

The property is located at 60 W Hwy 452 Eubank, KY.

What is the asking price?

The asking price for this property is $1,474,935.

What are key features of this property?

This property features: 10,640 SF Dollar General retail building; 12 years remaining on the primary lease term; Absolute NNN lease with zero landlord responsibilities